Hilarious

A stimulus too small to significantly reduce unemployment, a TARP that didn’t trickle down to Main Street, financial reform that doesn’t fundamentally restructure Wall Street, and health-care reforms that don’t promise to bring down health-care costs have all created an enthusiasm gap. They’ve fired up the right, demoralized the left, and generated unease among the general population.

Bingo.

You can invest in existing but stale businesses and apply the lessons and benefits of the Internet technological revolution to them. But not only that, you can apply good old fashioned leadership to these businesses. This is not a new idea and I know of a bunch of entrepreneurs who have been doing this for a while now. But there is enormous opportunity here and I think we need to see even more of this kind of investment of time and money going forward.

Another awesome post from Fred Wilson today, this time inspired by what he calls a "comment blogger" - someone who's comments to his blog posts can (and should) be their own blog posts in and of themselves. I admit I read Fred's blog mostly via Google Reader, so rarely read, and never participate in, the blog comments. But my limited interactions with them have left me incredibly impressed.

Fred makes an excellent point. Man, there is a huge opportunity for the lessons of the internet to come to traditional businesses. I get excited when I see traditional, stale business, acting like Zappos or Amazon. It's so unexpected. I think that's what makes Groupon so interesting - bringing the power of internet commerce to brick and mortar businesses.

I agree with Fred on his main point - there will be a lot of money to be made in the next 10-25 years as the things that are invented on the internet migrate to the rest of our lives. The smart play is to get out there and make it happen.

I want this. Bad.